Market Overview

Weekly Highlights: Microsoft's Big NFL Win, Fire Phone Expenses And More

It was a rather slow week for major tech stories, though that should change with major Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) events coming in September.

There were some interesting developments, however, including the NFL debut of Microsoft's (NASDAQ: MSFT) Surface Pro 2.

Amazon's (NASDAQ: AMZN) Fire Phone appears to be one very costly investment.

GameStop (NYSE: GME) could be in trouble -- and new consoles may not be able to save the retailer.

And Pandora (NYSE: P) inked a deal with a global rights agency that represents thousands of indie labels.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.

Posted-In: Albert Fried & Company Fire Phone gamestop Merlin Microsoft NetflixSuccess Stories Tech Best of Benzinga

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    NFL Reinvigorated Surface Pro 2 Excitement

    NFL Reinvigorated Surface Pro 2 Excitement

    Microsoft hopes that consumers and business professionals will purchase a Surface Pro 3, but the company is happy to sell an older tablet -- the Surface Pro 2 -- to the NFL.

    The National Football League will use the tablet during the 2014 - 2015 season.

    Image Source: Wikimedia Commons

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    Fire Phone Could Be Problematic To Amazon's Bottom Line

    Fire Phone Could Be Problematic To Amazon's Bottom Line

    The word on the street is that Amazon must sell a large (unspecified) number of Fire Phones in order to make a return on its investment.

    The 32GB model reportedly costs somewhere between $201 and $205 to produce.

    Image Source: Wikimedia Commons

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    Don't Expect New Hardware To Save GameStop

    Don't Expect New Hardware To Save GameStop

    Benchmark analyst Michael Hickey recently told Benzinga that he expects digital downloads to replace physical game discs within the next five years.

    This isn't good news for GameStop, which relies heavily on the sale of physical game discs.

    "People definitely have to go to stores to buy hardware, unless you buy through Amazon or an online retailer," Hickey told Benzinga. "Is new hardware coming in … sooner rather than later good for GameStop? Yeah, for sure. Once the console is in the home, however, there's an increasingly vibrant ecosystem of software that's available for digital download."

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    New Netflix Shows: Big Hits Or Big Bombs?

    New Netflix Shows: Big Hits Or Big Bombs?

    Albert Fried & Company analyst Rich Tullo shared his thoughts on Netflix's upcoming TV shows.

    "The Marvel content is likely to be good, but it could go either way," Tullo told Benzinga. "Based on [the success of] Guardians of the Galaxy, [the content] should be good."

    Tullo was much less excited for the fifth season of Arrested Development.

    "They spent a lot of money on the show and they refuse to believe it was a failure," Tullo said, referring to the fourth season.

    Image Source: Wikimedia Commons

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    Pandora Inked Its First Deal With An Indie Label Firm

    Pandora Inked Its First Deal With An Indie Label Firm

    Pandora announced that it had signed an agreement with Merlin, a global rights agency that represents thousands of independent labels.

    The deal received a lot of media attention because it will allow Pandora to pay labels directly. Unfortunately, the deal may not be as lucrative as it sounds.

    "Spotify is already doing direct deals with artists, so this is a 'me-too' kind of situation," Rich Tullo told Benzinga. "To a degree, once an artist publishes a song, it's in the sound exchange, so a lot of this is … not that big of a deal. You can get access to the content one way or another."

    Image Source: Wikimedia Commons

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